OMIS 2000 Data Analytics 7of7

OMIS 2000 Data Analytics 7of7 - OMIS 2000 Information...

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OMIS 2000 Information Systems – Data Analytics Quantitative Data Analysis Approaches Lecture 7 of 7 Scenario Analysis 1
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Data Tables Last class we saw how templates can be used to explore the impact of changes to an input parameter on a result of interest What if we want to consider a range of potential input values? Data Tables can be used along with templates to vary one or two inputs over several possible values, automatically generating multiple results and displaying them in table format 2
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What-if Analysis: One-way Data Table Allows you to see how changing variables impacts calculated results A variable a value that can be changed to see how it affects other values A one-variable data table a data analysis tool that provides various results based on changing one variable A substitution value replaces the original value of a variable in a data table 3
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Create a One-Variable Data Table 1. List substitution values in the left column 2. Enter formulas in the first row 3. Create the one-variable data table Select entire table starting in the blank cell in the top-left corner Click What-If Analysis in the Data Tools group on the Data tab and select Data Table Enter address of the cell to be changed in the Data Table dialog box under Column input cell Click OK Format the results of the data table 4
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An Example 5
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